University of Winnipeg
At a glance
- No Condition
- Open Date : January 25, 2022
- All industries
- Cognit.ca
- University of Winnipeg
Overview
Evaluation & selection criteria
There are evaluation and selection criteria for this grant. Applicants will be evaluated based on the following criteria:
- Relevance of the project to the grant's objectives
- Feasibility and clarity of the project proposal
- Demonstrated impact and scalability of the project
- Evidence of community engagement and support
Grant Summary
This grant aims to support small businesses in developing countries by providing financial assistance for growth and sustainability projects.
Detailed Explanation of the Grant
In today's global economy, small businesses play a crucial role in driving innovation, creating jobs, and fostering economic development. However, many small businesses in developing countries face challenges in accessing the necessary resources to grow and thrive. To address this issue, this grant program aims to provide financial support to small businesses in developing countries, enabling them to undertake growth projects and improve their sustainability practices.
Through this grant, eligible small businesses will have the opportunity to receive funding for initiatives such as expanding their operations, investing in new technologies, or implementing sustainable practices. By supporting these businesses, the grant aims to not only create positive economic impacts but also to contribute to the overall development and well-being of communities in developing countries.
Small businesses that receive this grant will be able to access the financial resources needed to scale their operations, enhance their competitiveness, and create more job opportunities. This support is especially important for businesses in developing countries, where access to traditional financing options may be limited. By providing this grant, organizations aim to empower small businesses to overcome barriers to growth and contribute to a more inclusive and sustainable economy.
Furthermore, the grant program will also include mentorship and training components to help small businesses build their capacity and enhance their skills in areas such as financial management, marketing, and strategic planning. By equipping these businesses with the knowledge and tools they need to succeed, the grant aims to foster long-term growth and stability for participating entrepreneurs and their ventures.
Overall, this grant represents a valuable opportunity for small businesses in developing countries to access the support they need to thrive and make a positive impact on their communities. By investing in the growth and sustainability of these businesses, the grant program contributes to the broader goal of promoting economic development and reducing poverty in the region.
